Monopoly and Competition

In almost every discussion of the FCC specifically, or American spectrum policy in general, someone will assert that radio spectrum is a unique res

In 1792, Thomas Paine sounded a cautionary note about the economics of empire:

In 1844 Massachusetts resident Lysander Spooner (1808–1887) advertised in the public press the establishment of the American Letter Mail Company.

The defense of government schooling, like government itself, is based on fallacies.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2014.

Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2014.

“Competition policy” is one of those great Orwellian terms that means the opposite of what it seems to mean.

Law and rights do not depend on the dictates of the state. There is growing acceptance of Jeremy Bentham’s dictum that “property is entirely the creature of law.”

Unions and collective bargaining are not necessarily illegitimate. Workers who seek other arrangements are not “free riders” but are victims of union monopoly power.

Section Six: Truth and Lies about Markets. Narrated by Harold L. Fritsche.